Why Choose Greenline Home Loans for your Commercial Property Loans?

Commercial loans are the type of loans secured against a commercial property. While they can support different types of investors looking to diversify their property portfolio, they often enable business owners to buy their own premises. Greenline Home Loans have a wide range of products available therefore are able to find the best commercial property loan best suited to your needs. We can work with you to find the best rates and features that can help you manage your commercial loan.

Product Features

Commercial property loans are unique on their own compared to residential home loans. At a high level, commercial property loans have a different and distinctive set of rules which impact on the borrowing capacity and loan repayments.

Interest-Only Repayments

With a commercial property loan, it is possible to negotiate interest-only repayments with commercial lenders. As a general rule, lenders will only allow this if you have a large deposit and a strong enough cash flow to make the larger repayments when the interest-only period expires.

Loan Terms

Commercial loans are typically provided for terms shorter than the standard mortgage loans. While some loans are approved for terms of 15-20 years, as the size of the loan increases, the term tends to reduce.

Capitalising Interest

With few commercial property loans, you are not required to make repayments. The interest of the commercial loan can add to the loan as long as your loan stays below a certain size or under a specific percentage of the property’s value.

Line Of Credit Facility

Line of credit offers flexibility, value and control. It can be very useful for commercial buildings as they tend to cost more to maintain, so you would want to have access to your funds for commercial upgrades and maintenance of the property.

Do you need a commercial property loan?

Get started on your business loan and commercial loan journey with Greenline Home Loans. We’re here to help! Speak to one of our professional mortgage brokers today.

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Business & Commercial Loans

Small Business Loans

A small business loan is a loan designed for business purposes. Business loans are often required for starting a new business, expanding your existing business operations or even just to manage your cash flows.

Overdraft Facility Loans

An overdraft facility is effectively a line of credit provided by your banking institution, which is an extension of your daily transaction account. This facility permits you to draw further funds from your account at the point where there are no more available funds, allowing you to gain quick access if you are experiencing cash flow issues.

Business Term Loans

Business term loans are the type of loans designed to support your initial stages of the business or to help grow your business. The funds can be used for any purpose and accordingly do not require any asset as collateral.

Business Line of Credit Loans

Business lines of credit are the type of loans designed to support short-term funding requirements for businesses. Repayment terms are usually between 6 months and 1 year, depending on your business credit score, revenue and overall financial position. Approval takes 1-2 business days, and once the loan is approved, you gain access to funds that are ready to be withdrawn.

Invoice Financing

Invoice financing involves the use of your receivable invoices as collateral for a loan. This type of loan is designed to support businesses with their cash flow cycle. Qualifying for invoice financing is much easier as your receivable invoices act as collateral, and accordingly, your business credit rating is not that important.

Merchant Cash Advance Loans

A merchant cash advance is a type of business loan that provides a lump sum loan in exchange for a percentage of credit card transactions. This business loan is suitable for business owners in need of liquidity who cannot demonstrate good credit, or are simply not trading for a long period, and cannot qualify for other types of business loans.